Shale growth may force OPEC into another production cut in April, Citi says
OPEC has lost more than 20 percent of its share of global oil production since the 1970s. Source: CNBC RSS...
OPEC has lost more than 20 percent of its share of global oil production since the 1970s. Source: CNBC RSS...
Larry McDonald of 'The Bear Traps Report' joins 'Squawk Box' to discuss General Electric's market slump. Source: CNBC RSS...
Oil production from OPEC nations fell slight in November, as Iranian supplies fell sharply, offsetting a big jump in in Saudi output to all-time highs. Source: CNBC RSS...
Oil prices climbed by more than 1 percent on Wednesday, lifted by expectations that an OPEC-led supply cut announced last week for 2019 would stabilise markets as well as hopes that long-running Sino-American trade tensions could ease. Source: CNBC RSS...
President Donald Trump asked Saudi Arabia to cut fuel costs by pumping at full throttle. Instead, the Saudis persuaded oil producers to cut output. Source: CNBC RSS...
The bank sees Brent crude at $70 a barrel in 2019, saying OPEC's cuts are "sufficient" to support prices. Source: CNBC RSS...
Total investment in the construction of the wind farm is approximately $280 million. Source: CNBC RSS...
The money will be used to support the Renewable Energy Performance Platform. Source: CNBC RSS...
Oil prices saw gains on Tuesday after the declaration of force majeure by Libya's National Oil Company on exports from the El Sharara oilfield after it was seized over the weekend by a local militia group. Source: CNBC RSS...
Stocks that have gotten clobbered during the volatile 2018 cycle are the ones most likely to lead the market next year, according to Goldman Sachs. Source: CNBC RSS...